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SpaceX advances reuse efforts as recovery of two boosters nearly complete
Three launches, two recoveries, two coasts
Just over two weeks ago, SpaceX accomplished its most impressive feat of cadence yet, both launching and recovering two separate Falcon 9s in approximately 49 hours.
Two weeks later and two days after conducting a third launch in 13 days, residents of Los Angeles, California and Cape Canaveral, Florida both coincidentally reported that the two recovered boosters from the previous two launches had both gone horizontal and appeared ready for transport. After docking in Port Canaveral for the second time, Core 1029 was seen entering SpaceX’s LC-39A integration facilities on Friday. The booster on the West coast, 1036, was loaded aboard one of the company’s converted Falcon 9-carrying semi-trucks, likely for transport to SpaceX’s Hawthorne manufacturing facilities, or possibly on a direct route to McGregor, Texas for refurbishment and testing.
https://www.instagram.com/p/BWQSPOgF67i/
This is exciting for several reasons. Foremost, 1036 is a likely candidate for reuse, and SES-10 sets a firm precedent for this. The first commercial reuse of an orbital-class launch vehicle, Falcon 9’s second stage and SES-10 payload launched on a first stage that had flown five months before during the successful launch of Iridium’s first ten NEXT satellites.
Given the potential impact of failure on the adoption of reuse as a commercial standard, SpaceX likely approached the refurbishment of the vehicle with an end-goal balanced between perfection and realism. The orbit of Iridium’s NEXT constellation is the reason the booster was chosen for the first operational reuse: their low Earth polar orbits require Falcon 9’s first stage to undergo a smaller amount of heating and general hypersonic battering when compared with SpaceX’s more common commercial launches of geostationary satellites.
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- The central aluminum grid fin of 1029 features a dramatic lack of several vanes, likely melted off during the intense heat of reentry. Expending older boosters is likely helping SpaceX learn how to preserve Block 5 rockets for multiple high-energy missions. (Reddit, u/thedubya22)
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- SpaceX will move to titanium grid fins in the future, first trialed during 1036’s launch of Iridium-2. (SpaceX)
A sound example of the extremes of Falcon 9’s suborbital reentry heating can be found in the recovery of 1029, which launched BulgariaSat-1 to a supersynchronous transfer orbit. Noted before the launch by Musk over his favored medium, 1029’s recovery was expected to be the most energetic yet, and thus success was less than certain. The results of this additional heating were obvious, and keen observers rapidly noted that the most stressed of 1029’s aluminum grid fins appeared to be considerably deformed from the stage’s energetic return to OCISLY, completed melted through in places. Considering the debut of more robust titanium grid fins aboard the launch of Iridium-2 only two days later, the quasi-destruction of one of 1029’s grid fins was somewhat fitting. 1036’s titanium grid fins looked barely worse for wear after a landing that was also deemed aggressive due to Just Read The Instructions having to avoid bad weather just before the landing.
Two weeks: BulgariaSat-1, Iridium-2, Intelsat 35e. (SpaceX)
Stirring explorations of the limits of recovery aside, both boosters are now ready to be examined and refurbished ahead of one or even two additional launches. SpaceX’s willingness to use the booster recovered from the launch of Thaicom-8 has already established that the company has a certain level of confidence in the reuse of first stages that have suffered high-velocity recoveries. Thus, 1036 is nearly certain to be reused, and 1029 has a strong chance as well.
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- Falcon 9 1029’s lean is decidedly more extreme than the stage that launched Thaicom-8. (SpaceX)
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- The aggressive Atlantic Ocean landing of Thaicom-8’s Falcon 9 first stage. (SpaceX)
The hot recovery of 1029 further marked the first use of a remotely-operated recovery robot aboard OCISLY, and could be seen below the leaning first stage as it entered Port Canaveral. It appears that its first use was a success, and the robot will certainly have a busy future of remotely securing first stages after landing. Remote securing and safing will both improve safety for those directly involved in on-ocean recovery, but it is also intended to expedite the process in order to ensure that OCISLY is prepared to recover Falcon 9 as often as possible. SpaceX’s recent cadence accomplishment of three launches in 13 days drives home the reality that weekly launches are readily achievable for the company, so long as there are pads available and payloads to be launched.
Weekly recoveries for an ASDS like OCISLY would be extremely time-sensitive, given the need for at least several days to simply reach the point of landing in the Pacific, and the addition of rapid robotic alternatives for operations aboard the drone ships could make such a goal more achievable. With SpaceX’s land-based landing facilities in perspective, it is easier to imagine a close future with weekly launches and landings of both Falcon 9 and Falcon Heavy, and possibly the propulsive-landing Dragon 2 spacecraft further down the road.
1036 horizontal and ready for transport. (Instagram/Luka Hargett)
A symbiosis of SpaceX fans and those familiar with the metal and chemistry have also led to fans speculating that the now-standard titanium grid fins may develop a subtle, golden patina of oxygenation after many reuses. Nothing could be more picturesquely symbolic of the successes SpaceX has had in their pursuit of reusable rocketry.
Tesla Cybercab units finally got a definitive date for when they will be able to be purchased by consumers, ending speculation regarding whether the fully autonomous vehicle would be available in the near term.
During Tesla’s third-quarter 2026 earnings call on October 21, Vice President of Engineering Lars Moravy said the company is aiming to begin delivering its purpose-built Cybercab robotaxi to customers before year-end.
🚨 In short, Cybercabs are slated to go to customers by end of the year. All units are going into Robotaxi fleet currently, per @larsmoravy
Cybercab will be “transport-as-a-service,” but vast majority of Cybercab will be “Tesla-owned,” @elonmusk says https://t.co/R8Qu8QWdmp
— TESLARATI (@Teslarati) October 21, 2026
“We’re trying to get Cybercabs to customers by the end of this year, 2026,” Moravy said. He added that production is underway on the line at Gigafactory Texas, but “all of those are currently going to our own internal Robotaxi fleet.”
Moravy explained that as operations scale, Tesla will “mainly deliver fully designed autonomous vehicles to our customers,” with the Cybercab as the first such vehicle. Initial customer deliveries will start small while the company gains experience with delivery logistics, ownership models, fleet management, and operating autonomous vehicles outside its direct control.
CEO Elon Musk reinforced the limited nature of private sales, describing the Cybercab primarily as a “transport-as-a-service” offering rather than a personal ownership vehicle like the Model 3, Model Y, or upcoming Roadster. “The vast majority of the Cybercab stuff will be Tesla-owned and transport-as-a-service,” Musk said.
The Cybercab is a two-seater vehicle developed by Tesla without a steering wheel or pedals. It relies completely on Tesla’s Full Self-Driving suite and has been in production since February. Early units have been put in Tesla’s Robotaxi service as of early September, when the company launched rides to the public. Tesla previously indicated it would aim to sell Cybercabs for about $30,000.
Unsupervised Full Self-Driving is expected to ship to consumer cars during Q2 2027, Ashok Elluswamy, Tesla’s Head of AI, indicated during the call. Early buyers or fleet operators may receive vehicles whose autonomous operation remains geographically restricted due to lagging regulatory agencies. There are some hurdles that remain ahead of Cybercab deliveries.
Tesla (NASDAQ: TSLA) reported its earnings for the third quarter of 2026, marking a reasonable performance on the various financial metrics. Tesla still plans to hold a call that will field investor questions at 5:30 p.m. ET, 4:30 p.m. CT.
Here’s where Earnings came in:
- Total Revenues: $28.046 reported vs. $28.34B expected
- Non-GAAP EPS: $0.48 reported vs. $0.45 expected
- Operating Margin: 2.6 % reported vs. 2.5% expected
- Operating Income: $718M reported vs. $721M expected
- Free Cash Flow: $1.531B reported vs. ~-$4.51B expected
Tesla $TSLA Earnings Results:
Revenues: $28.046B
Non-GAAP EPS: $0.48
Operating Margin: 2.6%
Operating Income: $718M
FCF: $1.531B— TESLARATI (@Teslarati) October 21, 2026
Major Takeaways
Full Self-Driving (Supervised)
“FSD (Supervised)⁴ attach rate continued to grow, reaching over 75% of new vehicle deliveries in North America – our most mature market – a nearly twenty percentage point sequential increase. We believe that FSD is driving demand in markets where it is available, and we continue to work with regulators to get it approved in other markets.”
Tesla Semi
“We began volume production of Tesla Semi, our Class 8 heavy-duty truck. The top variant can go 500 miles at full 82,000 lbs gross combination weight while achieving an efficiency of 1.7 kWh/mile. That efficiency allows the Tesla Semi to use a third of the energy used by a comparable diesel truck to haul the same payload. In a transportation market where energy is one of the largest components of total cost per mile, this will provide a meaningful advantage to Tesla Semi operators.”
SI Compute
“We plan to reach 400 MW of SI training compute by the end of the year, supporting the development of both vehicle and humanoid robot autonomy software. Additionally, we continued construction for the Austin Fab, where we plan to start commissioning equipment in 2027.”
Robotaxi
“We began deployment of Cybercab into our Robotaxi fleet in Austin. We reached nearly two million cumulative unsupervised miles for our Robotaxi service as of the end of the quarter. Operating hours in Austin are now 6am to midnight, and we expect to reduce wait times via increased fleet supply and improvement of Robotaxi orchestration algorithms. Grok is available in Cybercab with access to Grok Bot and Connectors, which allows users to manage their inbox, calendars, files, chats and tasks – all hands free via voice command – making Cybercab a mode of transport, a productivity space and, with our entertainment options, a second living room.”
Interested in ordering a Tesla? Use my referral code for three free months of Full Self-Driving (Supervised) here.
Tesla (NASDAQ: TSLA) reports its earnings for Q3 today. Here’s what to expect, as the company will reveal its balance sheet after the market closes on Wednesday.
Tesla already reported deliveries just after Q3 ended, and it demolished Wall Street consensus estimates of roughly 462,000 vehicles. Tesla delivered 486,532 cars in the third quarter, which was a big beat, but was down 2.1 percent from the same quarter last year. Energy storage deployments were 13.7 GWh, up year-over-year.
Tesla showrooms picked clean ahead of Q3 end as demand looks strong
For the quarter, analysts have already compiled their predictions for what Tesla will report this afternoon:
- Total Revenues: $28.34B
- Non-GAAP EPS: $0.43
- Operating Margin: 2.5%
- Operating Income: $721M
- Free Cash Flow: ~-$4.51B
Here are a few things we are looking forward to hearing about on the call:
Automotive Gross Margin and Overall Profitability
This was 16.3 percent in Q2, down from 19.2 percent in Q1, and was impacted by warranty charges and some fading regulatory credits. Consensus implies overall gross margin near 18 percent, but a miss here would potentially reinforce concerns about pricing pressure on its vehicles.
Pay attention to energy storage margins as well, especially since Tesla missed GWh expectations, although it was still a strong quarter.
Robotaxi/Cybercab, Unsupervised FSD, and Optimus Progress
The Say questions from retail investors usually focus on these types of projects, and this quarter is no different. Scaling the Cybercab fleet beyond Austin amid the open NHTSA safety review, timeline for Unsupervised FSD in customer cars, Robotaxi unit economics, and Optimus cost per unit plus when it could start generating revenue, are all things to be looking for.
Any concrete timelines or regulatory path details will likely move the stock more than the near-term numbers. SpaceX merger speculation, which was detailed during SpaceX’s earnings call last night, may also surface, although the key details were shared last night.
Elon Musk just confirmed the Tesla and SpaceX merger step everyone was waiting for
Say Investor Questions
- How does the Cybercab fleet scale past Austin, and what’s the regulatory path outside Texas given NHTSA’s open safety review?
- When can we anticipate FSD unsupervised in customer cars?
- When will the CyberCab be available for customer purchase/ownership?
- What’s the unit economics per paid robotaxi mile, and how does it compare to the thirty-cent target?
- Tesla has acknowledged that HW3 vehicles cannot support unsupervised FSD. When will owners know whether they can upgrade their hardware for free, and when will Tesla provide a clear plan?
The full Earnings Call will be streamed this evening after market close around 5 p.m. this evening.
Tesla Cybercab gets a for sale date at last
Tesla Q3 2026 Earnings results: in-line revenues, slight beat on EPS
